Mdu Resources (MDU) Return on Invested Capital [ROIC] (2009 - 2026)
Mdu Resources (MDU) reported Return on Invested Capital [ROIC] of 5.16% for Q2 2026, up 0.08 percentage points from 5.08% a year earlier and up 0.22 percentage points from the prior quarter.
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Analysis
Mdu Resources (MDU) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Mdu Resources posted Return on Invested Capital [ROIC] of 5.05%, up 0.28 percentage points from FY2024.
- Return on Invested Capital [ROIC] has increased for three consecutive years, though with a five-year change of -3.54 percentage points (FY2020 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at 4.77% in FY2024 (+0.86 pp), 3.91% in FY2023 (+0.76 pp), 3.15% in FY2022 (-1.75 pp) and 4.90% in FY2021 (-3.69 pp).
- The Q2 2026 figure ranks as the highest quarterly Return on Invested Capital [ROIC] since Q1 2025.
- Year over year, Return on Invested Capital [ROIC] gained in six of the last eight quarters, with an average year-over-year change of +0.66 percentage points.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q3 2025 (a gain of 2.99 percentage points); the low point was Q3 2022 (a drop of 6.09 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 4.95% (Q1 2026), 5.01% (Q4 2025) and 5.07% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 181.61 Bn | 168.36 Bn | - | 4.66% |
| 2 | Southern | 106.32 Bn | 97.38 Bn | 5.92 Bn | 4.81% |
| 3 | Duke Energy | 100.02 Bn | 96.28 Bn | 5.66 Bn | 5.43% |
| 4 | National Grid | 83.35 Bn | 55.64 Bn | - | - |
| 5 | American Electric Power | 69.89 Bn | 67.69 Bn | 4.75 Bn | 5.76% |
| 6 | Dominion Energy | 60.05 Bn | 58.04 Bn | - | 3.52% |
| 7 | Entergy | 52.54 Bn | 38.98 Bn | - | 5.06% |
| 8 | Sempra | 51.50 Bn | 50.63 Bn | 2.89 Bn | 1.80% |
| 9 | Xcel Energy | 50.45 Bn | 43.92 Bn | - | 4.99% |
| 10 | Mdu Resources | 4.04 Bn | 3.83 Bn | - | 5.16% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.16% |
| Mar 31, 2026 | 4.95% |
| Dec 31, 2025 | 5.01% |
| Sep 30, 2025 | 5.07% |
| Jun 30, 2025 | 5.08% |
| Mar 31, 2025 | 5.17% |
| Dec 31, 2024 | 4.67% |
| Sep 30, 2024 | 2.08% |
| Jun 30, 2024 | 3.05% |
| Mar 31, 2024 | 3.90% |
| Dec 31, 2023 | 4.13% |
| Sep 30, 2023 | 3.81% |
| Jun 30, 2023 | 3.25% |
| Mar 31, 2023 | 3.29% |
| Dec 31, 2022 | 2.73% |
| Sep 30, 2022 | 1.95% |
| Jun 30, 2022 | 3.60% |
| Mar 31, 2022 | 4.33% |
| Dec 31, 2021 | 4.74% |
| Sep 30, 2021 | 8.04% |
API Access
Mdu Resources Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=MDU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "MDU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=MDU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();